Labour minister skeptical about 1.7mil jobs for 2009

March 4, 2009

Minister of Labour, War Invalids and Social Affairs Nguyen Thi Kim Ngan.

VietNamNet Bridge In a talk with VietNamNet on March 3, Minister of Labour, War Invalids and Social Affairs Nguyen Thi Kim Ngan said that the goal of 1.7 million new jobs this year was unfeasible due to economic crisis.


She said the National Assembly approved the above target for 2009 but there are targets that will not be achieved because of objective reasons, specifically the global economic crisis.


According to the minister, as the targeted economic growth rate of 6.5% for this year is certain to fall short, other targets will be affected.


“I’m sure that this year we will not achieve the goal of creating 1.7 million new jobs,” she affirmed.


The minister said the ministry is collecting data from provinces and cities to have official statistics about unemployment.


She said to deal with unemployment, the government will provide soft loans for businesses that face difficulties to pay salaries to their employees. The government will allocate more money to the job creation fund and will offer soft loans to labourers to learn a trade.



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